Global Cordyceps Sinensis and Militaris Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Formulation;
Tablet / Capsules, Liquid, and Powder.By Application;
Medicine, Dietary Supplements, and Food Additives.By Strain Type;
Cordyceps Sinensis and Cordyceps Militaris.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Cordyceps Sinensis and Militaris Extract Market (USD Million), 2021 - 2031
In the year 2024, the Global Cordyceps Sinensis and Militaris Extract Market was valued at USD 8,038.21 million. The size of this market is expected to increase to USD 16,067.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.
The Global Cordyceps Sinensis and Militaris Extract Market is witnessing substantial momentum, driven by the rising inclination toward natural and plant-based health solutions. These potent medicinal fungi, known for their adaptogenic and immune-supportive qualities, are being widely adopted in dietary supplements, wellness products, and skincare formulations. Consumer interest in natural remedies has jumped by over 40%, significantly elevating the appeal of Cordyceps-infused products.
Innovation within the nutraceutical and pharmaceutical industries is acting as a catalyst for market growth. Increased clinical validation of Cordyceps' benefits—including its energy-enhancing, anti-aging, and anti-inflammatory properties—has led to a 35% increase in new product introductions. Notably, Cordyceps Militaris has seen a 30% expansion in market share due to its affordability and higher bioactive compound yield, making it a preferred choice for manufacturers.
The market outlook remains strong as awareness of holistic wellness and traditional medicine continues to expand. Digital channels have amplified accessibility, with e-commerce sales of Cordyceps products rising by 50%. Backed by growing consumer trust and increasing scientific research, the Cordyceps extract segment is poised for sustained double-digit growth, becoming a key player in the functional wellness and preventive healthcare space.
Global Cordyceps Sinensis and Militaris Extract Market Recent Developments
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In November 2021, Peaceful Harvest Mushrooms introduced a new offering to its product line—Cordyceps Militaris presented in the form of dried whole fruiting bodies. This launch aligns with the brand’s commitment to delivering high-quality, organic functional mushroom products. The dried Cordyceps format caters to consumers seeking potent, unprocessed fungi for use in teas, tinctures, or culinary applications, reflecting the growing demand for versatile and natural health supplements.
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In July 2021, a collaborative research team from Chulalongkorn University and the National Nanotechnology Center achieved a significant breakthrough with the development of Active Targeting—an innovative technique in the medical field. This advanced approach leverages bio-robotic systems to deliver Cordyceps extract directly to cancer cells, with the primary goal of minimizing harmful side effects associated with conventional treatments. By integrating biotechnology and nanomedicine, this targeted delivery system represents a promising step forward in cancer therapy innovation.
Segment Analysis
In this report, the Global Cordyceps Sinensis and Militaris Extract Market has been segmented by Formulation, Application, Strain Type and Geography.
Global Cordyceps Sinensis and Militaris Extract Market, Segmentation by Formulation
The Global Cordyceps Sinensis and Militaris Extract Market has been segmented by Formulation into Tablet / Capsules, Liquid and Powder.
The Cordyceps Sinensis and Militaris Extract Market is witnessing significant expansion worldwide, fueled by growing demand for natural wellness products and traditional medicinal ingredients. Cordyceps extracts, derived from both Sinensis and Militaris strains, are increasingly popular due to their health-enhancing effects, particularly in boosting immunity, stamina, and respiratory function. Globally, more than 65% of herbal supplement users now favor mushroom-based products, highlighting a strong consumer shift toward holistic wellness solutions.
Formulation plays a pivotal role in the market’s growth trajectory. The market is segmented into Tablet/Capsules, Powder, and Liquid formats. Among these, tablets and capsules dominate, representing close to 50% of global consumption. These formats are preferred for their convenience, shelf stability, and standardized dosages. Powdered extracts follow with a 30% share, appealing to consumers who mix supplements into smoothies or meals. Liquid extracts, making up about 20% of the market, are especially favored by those seeking faster absorption and easy intake, such as elderly users or those with digestion concerns.
With consumer health trends on the rise, companies are adopting advanced extraction techniques and sustainable cultivation practices to ensure potency and product integrity. As online sales now account for over 40% in various key regions, having SEO-optimized product content is essential for digital visibility. Segmentation by formulation not only supports tailored product innovation but also enhances targeted marketing efforts, ensuring businesses can meet specific consumer preferences across global markets.
Global Cordyceps Sinensis and Militaris Extract Market, Segmentation by Application
The Global Cordyceps Sinensis and Militaris Extract Market has been segmented by Application into Medicine, Dietary Supplements and Food Additives.
Medicinal Applications
Widely known in traditional Asian medicine, Cordyceps extracts are now making strong inroads into modern healthcare. Over 35% of the current market demand stems from their therapeutic applications, including immune system support and respiratory wellness. Medical professionals and researchers are increasingly exploring their potential in evidence-based treatments.
Dietary Supplements
Cordyceps supplements have surged in popularity, making up about 40% of total market utilization. Health-focused consumers are turning to adaptogenic herbs to manage stress and enhance vitality. Cordyceps is emerging as a top choice in the natural supplement category, thanks to its ability to support energy levels and promote overall well-being.
Food Additives
In the food industry, Cordyceps extracts are being added to functional foods to boost nutritional content. Currently, nearly 25% of new health-oriented food products feature mushroom-based additives. These extracts help food brands meet the growing demand for natural, health-enhancing ingredients, enabling product differentiation in a competitive market.
Global Cordyceps Sinensis and Militaris Extract Market, Segmentation by Strain Type
The Global Cordyceps Sinensis and Militaris Extract Market has been segmented by Strain Type into Cordyceps Sinensis and Cordyceps Militaris.
Cordyceps Sinensis – The Prestigious Traditional Remedy
Known as the “Himalayan Gold,” Cordyceps Sinensis has a long-standing history in traditional Chinese medicine. Despite its medicinal appeal, this strain represents only about 30% of the market due to the difficulty and high costs associated with harvesting wild specimens. Its use is largely confined to premium wellness products and traditional medicinal formulations.
Cordyceps Militaris – The Accessible Alternative
In contrast, Cordyceps Militaris has become the go-to choice for scalable and sustainable production. Contributing to nearly 55–60% of the total market share, it is widely cultivated through fermentation, making it both economical and abundant. Thanks to its rich bioactive profile—comparable to Cordyceps Sinensis—it is increasingly adopted in pharmaceutical, nutraceutical, and functional food industries.
Evolving Consumer Preferences and Industry Trends
The dual availability of these two strains reflects a broader shift in consumer behavior. Cordyceps Sinensis continues to appeal to traditional medicine users, while Cordyceps Militaris is rapidly becoming a staple in mass-market health products due to its affordability and functional efficacy.
Future Outlook for Strain-Based Market Growth
As scientific validation of their therapeutic effects increases, both Cordyceps strains are expected to shape the future of the extract market. With innovations in extraction and cultivation, the global market is poised for continued growth, driven by consumer demand for natural, health-boosting ingredients.
Global Cordyceps Sinensis and Militaris Extract Market, Segmentation by Geography
In this report, the Global Cordyceps Sinensis and Militaris Extract Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Cordyceps Sinensis and Militaris Extract Market Share (%), by Geographical Region, 2024
Asia Pacific – Leading the Global Market
With a regional share of 40–45%, Asia Pacific remains the dominant market. The cultural legacy of traditional Chinese and Korean medicine, combined with modern healthcare adoption, drives demand in countries such as China, Japan, and South Korea. These markets benefit from deep-rooted trust in herbal and fungal-based remedies.
North America and Europe – Strong Growth Trajectories
North America and Europe are showing strong upward trends, contributing 35–40% of global demand. A shift toward plant-based, organic wellness products and rising healthcare costs are prompting consumers to explore natural alternatives. In these regions, investments in R&D and regulatory support for nutraceuticals further boost growth.
Emerging Opportunities in Middle East, Africa, and Latin America
Although in early stages, regions like the Middle East, Africa, and Latin America are projected to experience 15–20% growth rates over the coming years. Factors such as increasing urbanization, rising disposable income, and greater health awareness are setting the foundation for strong future market potential.
Positive Outlook Across All Regions
The Cordyceps Sinensis and Militaris extract market is positioned for sustained global growth. Enhanced scientific backing, advancements in production methods, and the rising shift toward natural health solutions will continue to propel demand across both mature and emerging regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Cordyceps Sinensis and Militaris Extract Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers:
- Growing health consciousness
- Rising demand for supplements
- Increasing research activities
- Expansion of distribution channels
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Awareness about traditional medicine - Awareness about traditional medicine, particularly in the realm of herbal remedies and natural supplements, has seen a resurgence in recent years. One notable example is the global market for Cordyceps Sinensis and Militaris extract, which has experienced significant growth. Cordyceps, a genus of fungi, has long been used in traditional Chinese medicine for its purported health benefits, including boosting energy levels, improving immune function, and enhancing athletic performance. With increasing interest in natural alternatives to synthetic drugs, consumers are turning to products containing Cordyceps extract as a holistic approach to wellness. This trend is further fueled by scientific research supporting its potential health benefits, as well as endorsements from athletes and celebrities.
The market for Cordyceps extract is particularly strong in Asia, where traditional medicine has deep roots and continues to be widely practiced. However, there is also growing demand in Western markets, driven by health-conscious consumers seeking natural solutions for various health issues. This has led to a proliferation of Cordyceps-based products, including supplements, teas, and skincare formulations. Manufacturers are capitalizing on this trend by investing in research and development to create innovative products and expand their market reach. As awareness about the health benefits of Cordyceps continues to grow, the global market for Cordyceps Sinensis and Militaris extract is expected to see sustained growth in the coming years.
Restraints:
- Limited availability of raw materials
- Stringent regulatory frameworks
- High production costs
- Lack of awareness in some regions
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Presence of counterfeit products - The global market for Cordyceps Sinensis and Militaris extract has witnessed significant growth in recent years, driven by rising consumer awareness about the health benefits associated with these fungi. However, this growth has also led to the proliferation of counterfeit products in the market, posing a challenge for both consumers and legitimate producers. Counterfeit Cordyceps products are often sold at lower prices than genuine ones, attracting unsuspecting buyers looking for a bargain. These counterfeit products may contain inferior or adulterated ingredients, compromising their quality and effectiveness. Additionally, they undermine the reputation of authentic Cordyceps producers and erode consumer trust in the market.
To combat the presence of counterfeit products, stakeholders in the Cordyceps industry are increasingly focusing on implementing stringent quality control measures and improving product authentication methods. This includes the use of advanced testing techniques to verify the authenticity and purity of Cordyceps extracts, as well as the implementation of robust supply chain management practices to trace the origin of raw materials. Furthermore, efforts are underway to raise awareness among consumers about the risks associated with counterfeit products and educate them on how to identify genuine Cordyceps extracts. By addressing these challenges, the industry aims to safeguard consumer health and maintain the integrity of the global Cordyceps market.
Opportunities:
- Emerging markets expansion
- Innovations in extraction methods
- Rising adoption in cosmetics
- Health benefits awareness
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Collaboration with pharmaceutical companies - Collaboration between pharmaceutical companies and Cordyceps extract producers presents a promising avenue for advancing research and development within the global Cordyceps Sinensis and Militaris extract market. Given the extensive traditional use and emerging scientific evidence surrounding the health benefits of Cordyceps extracts, such collaborations can facilitate rigorous clinical trials, exploring its therapeutic potential in treating various ailments ranging from respiratory disorders to immune system modulation. Through these partnerships, pharmaceutical firms can leverage their expertise in clinical research, regulatory compliance, and commercialization to expedite the translation of Cordyceps' medicinal properties into viable healthcare solutions. Additionally, these collaborations offer extract producers access to crucial resources and infrastructure necessary for scaling up production, ensuring product quality, and navigating the complex landscape of drug development and marketing.
Collaboration with pharmaceutical companies opens up opportunities for innovation and diversification within the Cordyceps extract market. By combining forces, stakeholders can explore novel formulations, delivery mechanisms, and applications for Cordyceps extracts, catering to evolving consumer preferences and expanding therapeutic indications. This collaborative approach fosters synergies between traditional wisdom, scientific advancements, and pharmaceutical expertise, ultimately driving the growth and sustainability of the global Cordyceps extract market. Furthermore, such partnerships can facilitate knowledge exchange and capacity-building initiatives, empowering local communities involved in Cordyceps cultivation and extraction, while simultaneously fostering sustainable practices to preserve biodiversity and ensure the long-term availability of this precious natural resource.
Competitive Landscape Analysis
Key players in Global Cordyceps Sinensis and Militaris Extract Market include:
- Naturalin bio-resources co., Ltd.
- The Lubrizol Corporation
- Quyuan sunnycare Inc.
- Shanghai Kangzhou Fungi Extract Co., Ltd.
- Xi'an Saina Biological Technology Co., Ltd
- Dalong Biotechnology Co., Ltd
- Health Choice Limited.
- Nutrastar International Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Formulation
- Market Snapshot, By Application
- Market Snapshot, By Strain Type
- Market Snapshot, By Region
- Global Cordyceps Sinensis and Militaris Extract Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing health consciousness
- Rising demand for supplements
- Increasing research activities
- Expansion of distribution channels
- Awareness about traditional medicine
- Restraints
- Limited availability of raw materials
- Stringent regulatory frameworks
- High production costs
- Lack of awareness in some regions
- Presence of counterfeit products
- Opportunities
- Emerging markets expansion
- Innovations in extraction methods
- Rising adoption in cosmetics
- Health benefits awareness
- Collaboration with pharmaceutical companies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Cordyceps Sinensis and Militaris Extract Market, By Formulation, 2021-2031 (USD Million)
- Tablet / Capsules
- Liquid
- Powder
- Global Cordyceps Sinensis and Militaris Extract Market, By Application, 2021-2031 (USD Million)
- Medicine
- Dietary Supplements
- Food Additives
- Global Cordyceps Sinensis and Militaris Extract Market, By Strain Type, 2021-2031 (USD Million)
- Cordyceps Sinensis
- Cordyceps Militaris
- Global Cordyceps Sinensis and Militaris Extract Market, By Geography, 2021-2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Cordyceps Sinensis and Militaris Extract Market, By Formulation, 2021-2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Naturalin bio-resources co., Ltd.
- The Lubrizol Corporation
- Quyuan sunnycare Inc.
- Shanghai Kangzhou Fungi Extract Co., Ltd.
- Xi'an Saina Biological Technology Co., Ltd
- Dalong Biotechnology Co., Ltd
- Health Choice Limited.
- Nutrastar International Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market